Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wei Chih Steel Industrial Co has a quick ratio of 0.56. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Wei Chih Steel Industrial Co's Quick Ratio or its related term are showing as below:
TPE:2028'
s Quick Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.4 Max: 0.78
Current: 0.56
During the past 13 years, Wei Chih Steel Industrial Co's highest Quick Ratio was 0.78. The lowest was 0.26. And the median was 0.40.
TPE:2028's Quick Ratio is ranked worse than 78.08% of 634
companies
in the Steel industry
Industry Median: 1.02
vs TPE:2028: 0.56
Wei Chih Steel Industrial Co (TPE:2028) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Wei Chih Steel Industrial Co Quick Ratio Related Terms
Wei Chih Steel Industrial Co Quick Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Wei Chih Steel Industrial Co's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wei Chih Steel Industrial Co Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Wei Chih Steel Industrial Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Wei Chih Steel Industrial Co's Quick Ratio falls into.
Wei Chih Steel Industrial Co Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wei Chih Steel Industrial Co (TPE:2028) has a Quick Ratio of 0.56 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wei Chih Steel Industrial Co and its competitors. This is 40% above median its historical median of 0.40. Over the past decade, Wei Chih Steel Industrial Co's Quick Ratio has ranged from 0.26 to 0.78. According to the industry distribution chart, Wei Chih Steel Industrial Co ranks #495 out of 634 companies in the Steel industry, placing it in the top 78.1%.
Is Wei Chih Steel Industrial Co's Quick Ratio too high?
Wei Chih Steel Industrial Co's current Quick Ratio of 0.56 is 40% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.78. The Steel industry median Quick Ratio is 1.02. Wei Chih Steel Industrial Co's value of 0.56 is 45.1% below this industry median. Based on the distribution chart, Wei Chih Steel Industrial Co ranks #495 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Wei Chih Steel Industrial Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wei Chih Steel Industrial Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Wei Chih Steel Industrial Co ranks #495 out of 634 companies for Quick Ratio. This places Wei Chih Steel Industrial Co in the lower half of its industry. The industry median Quick Ratio is 1.02. Wei Chih Steel Industrial Co's value of 0.56 is 45.1% below this benchmark. Historically, Wei Chih Steel Industrial Co's own Quick Ratio has ranged from 0.26 to 0.78 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.02, Wei Chih Steel Industrial Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wei Chih Steel Industrial Co's current Quick Ratio of 0.56 is 45.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wei Chih Steel Industrial Co and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wei Chih Steel Industrial Co's current Quick Ratio is 0.56, which is 40% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wei Chih Steel Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Wei Chih Steel Industrial Co (TPE:2028) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.52, compared to a current price of NT$15.60 — trading 5.6% below its estimated fair value. The current Quick Ratio is 0.56, which is 40% above median its 10-year median of 0.40 and 45.1% below the Steel industry median of 1.02. Wei Chih Steel Industrial Co's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Wei Chih Steel Industrial Co (TPE:2028), the current Quick Ratio is 0.56 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wei Chih Steel Industrial Co (TPE:2028) Overvalued in 2026?
Based on GuruFocus' analysis, Wei Chih Steel Industrial Co stock appears to be undervalued.
The current stock price of NT$15.60 is trading 5.6% below its estimated GF Value™ of NT$16.52.
GuruFocus considers Wei Chih Steel Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2028:
Quick Ratio: 0.56 (40% above median its 10-year median of 0.40)
GF Value™: NT$16.52 vs. price of NT$15.60 (5.6% below fair value)
Industry Position: 45.1% below the Steel median (#495 of 634)
No single metric tells the full story. See the TPE:2028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wei Chih Steel Industrial Co Ltd main business items of the Company are processing, manufacturing, trading and importing /exporting of steel rebars, bar steels, wire rods, steel billets and other steel products. The Company also rents and sales of public housing units and commercial building constructed by construction engineering firms entrusted by the Company. The Company operates single industry only, mainly for the steel processing and manufacturing of steel rebar, bar steels, billes steel, and wire rods. The company has presence in Taiwan and Australia. The company generates majority of revenue from Taiwan. The company's products are Rebars, Billets, Straight round bar (RB), Bar-in-Coils (BIC).
70GF Score
Get the complete analysis for TPE:2028
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2028 has been successfully added to your 
